Quick charity verification for Hobart And William Smith Colleges (EIN: 160743040)
Verdict: Hobart And William Smith Colleges appears trustworthy
85/100Mission Score
$263.2MRevenue
$440.7MAssets
2Red Flags
4Strengths
Red Flags
Unexplained revenue anomaly in 202106 filing ($2.8M vs typical $150M+)
Consistent 0% officer compensation reported, which is highly unusual for an organization of this scale and may indicate incomplete reporting in this specific section.
Strengths
Strong asset base consistently exceeding $400 million, indicating financial stability.
Generally stable revenue and expense management over multiple periods.
Consistent reporting of 0% officer compensation, suggesting potential efficiency in executive pay or strong transparency if compensation is indeed minimal.
Spending Breakdown
How Hobart And William Smith Colleges allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Hobart And William Smith Colleges
Is Hobart And William Smith Colleges a legitimate charity?
Based on AI analysis of IRS 990 filings, Hobart And William Smith Colleges (EIN: 160743040) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Hobart And William Smith Colleges a good charity to donate to?
Hobart And William Smith Colleges has a Mission Score of 85/100. Revenue: $263.2M. Assets: $440.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hobart And William Smith Colleges?
The Employer Identification Number (EIN) for Hobart And William Smith Colleges is 160743040. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Hobart And William Smith Colleges spend its money?
Hobart And William Smith Colleges allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hobart And William Smith Colleges's tax-exempt status?
You can verify Hobart And William Smith Colleges's tax-exempt status using EIN 160743040 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Hobart And William Smith Colleges demonstrates a generally stable financial position, with assets consistently exceeding liabilities across the reviewed periods. While there was a notable dip in reported revenue for the 202106 period to $2,833,311, this appears to be an anomaly given the consistent revenue figures in surrounding years, suggesting a potential reporting error or specific accounting adjustment for that period. The organization's expenses have generally been in line with or slightly below revenue, indicating responsible financial management. For instance, in 202206, revenue was $179,596,964 against expenses of $162,105,656. The consistent reporting of 0% for officer compensation across all filings is a significant positive indicator for transparency and efficient use of funds, suggesting that executive compensation is either not reported in this section or is exceptionally low, which is unusual for an institution of this size. Further investigation into the detailed compensation schedules would be beneficial to fully understand executive pay practices.